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Instruction: Analyze the effects of Bretton Woods System.
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The Bretton Woods System was an international monetary system that was implemented after World War II in order to bring stability to the global economy. It aimed to fix exchange rates, and to provide liquidity for countries looking to buy and sell currencies. It helped to create a stable exchange market, promote international trade, and provided security for investments. It also encouraged countries to cooperate to achieve a common economic aim.